Rates & Regulatory Specialist/Lead - PPL Services Corporation

Company Summary Statement :As one of the largest investor-owned utility companies in the United States, PPL Corporation (NYSE: PPL), is committed to creating long-term, sustainable value for our 3.5 million customers, our shareowners and the communities we serve. Our high-performing regulated utilities — PPL Electric Utilities, Louisville Gas and Electric, Kentucky Utilities and Rhode Island Energy — provide an outstanding experience for our customers, consistently ranking among the best utilities in the nation. PPL’s companies are also addressing challenges head-on by investing in new infrastructure and technology that is creating a smarter, more reliable and resilient energy grid. We are committed to doing our part to advance a cleaner energy future and drive innovation that enables us to achieve net-zero carbon emissions by 2050 while maintaining energy reliability and affordability for the customers and communities we serve. PPL is a positive force in the cities and towns where we do business, providing support for programs and organizations that empower the success of future generations by helping to build and maintain strong, diverse communities today.Overview:

The position is responsible for leading distribution and transmission rate filings and various other rate rider flings, developing and providing cost-of service related information, and rate design. Overall, this position is responsible for the development of solutions for complex business process and technical problems, identifying and implementing solutions and/or strategies that will help the business achieve its short-term and long-term objectives, analyzing business activities and comparing against trends and best practices. This is a key
contributor in a complex environment who may lead functional teams or projects and is recognized as an expert in their function within the organization.  The position may have financial analysis responsibility to support the Company's business strategies for distribution and transmission filings.

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Responsibilities:

This position may be hired at the Specialist or Lead levels and the level offered will be based on the successful candidate's background, education & experience.  

Responsibilities listed below reflect the Specialist level and varying/additional responsibilities may be included for the Lead level of the role.

• Responsible for supporting recovery of revenue through development and preparation of electric and/or gas cost recovery mechanisms, including addressing pricing and/or revenue requirements of new and existing programs and mechanisms, and working with others to develop strategies.
• Prepare complex financial forecasting models using advanced modeling techniques.
• Performs most advanced or specialized work requiring comprehensive knowledge of accounting, financial, and ratemaking theory and principles.
• Develop and provide rate related information for budget preparation, budget reforecasts and budget variance analysis purposes and conduct ongoing analyses and research of other ratemaking proceedings before the statue utility commissions, other agencies, and FERC.
• Coordinate and review or develop and provide specialized schedules and analysis, and testimony (written and verbal), data requests, and other ad hoc analysis for rate proceedings and programs to ensure compliance.
• Solve complex problems and takes a broad perspective to innovative solutions. Demonstrate a strong knowledge of “end-to-end” processes.
• Develop/maintain knowledge of current and future trends in legislation and regulation governing the utility industry.
• Identify and implement solutions and/or strategies that will help the business better achieve its short-term and long-term objectives, analyze business activities, and compare against trends and best practices.
• May lead functional teams or projects to achieve milestones and objectives.
• Works independently with guidance on only the most complex tasks.
• Performs other duties as assigned
• Complies with all policies and standards

Qualifications:

This position may be hired at the Specialist or Lead levels and the level offered will be based on the successful candidate's background, education & experience.

 

Basic Qualifications

Specialist level

• BA or BS degree in Finance, Accounting, or other business discipline.
• 5+ years of regulatory, financial, accounting, or business planning (or a combination) experience.
• Demonstrated proficiency in financial modeling and understanding of financial statements, analysis, research, and problem solving skills.
• Ability to work well with individuals on all levels of the organization and external parties including regulators, attorneys, consumer advocacy groups, industry groups, and other special interest groups.
• Demonstrated ability to build consensus, establish trust, communicate effectively and foster culture change.
• Requires proficiency in oral and written communication skills, as demonstrated by the communication of complex technical issues verbally and in writing.

Lead level

• BA or BS degree in Finance, Accounting, or other business discipline.
• 5+ years of regulatory, financial, accounting, or business planning (or a combination) experience.
• Demonstrated proficiency in financial modeling and understanding of financial statements, analysis, research, and problem solving skills.
• Ability to work well with individuals on all levels of the organization and external parties including regulators, attorneys, consumer advocacy groups, industry groups, and other special interest groups.
• Demonstrated ability to build consensus, establish trust, communicate effectively and foster culture change.
• Requires proficiency in oral and written communication skills, as demonstrated by the communication of complex technical issues verbally and in writing.
• Knowledge of utility finance, accounting and reporting requirements; process improvement techniques, budgeting and report writing.
• Experience with rate case preparation and analysis.

Preferred Qualifications

• Master’s Degree in business discipline.
• Knowledge of utility finance, accounting and reporting requirements; process improvement techniques, budgeting and report writing.
• Ability to tell a story from analysis to be able to identify/solve business opportunities.